1642 Eagle Springs Road
About This Property
The property has an efficient layout that maximizes space and comfort. Bedrooms are cozy and welcoming, ensuring guests a restful night's sleep. The addition of a loft offers flexible space for a game room. Two fireplaces (including one in the upstairs bedroom) create a warm, inviting atmosphere.
The kitchen comes fully equipped, ready for preparing meals ranging from quick breakfasts to elaborate dinners.
A wrap-around porch adds to the charm, offering outdoor living space where guests can enjoy morning coffees or sunset views. A private hot tub, invites relaxation and makes for an unforgettable experience under the stars.
As a turnkey solution for investors looking to tap into the short-term rental market, this cabin is not just a property, but a gateway to generating consistent income through a delightful guest experience
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by eXp Realty | $525,000 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017